Solved

If Interest Rates Increase by 20 Basis Points, What Is

Question 78

Multiple Choice

If interest rates increase by 20 basis points, what is the approximate change in the market price using the duration approximation?

A) -$7.985
B) -$7.941
C) -$3.990
D) +$3.990
E) +$7.949 [Refer to: 9-102]

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